Core Business
Investment
Foreword
Milestone
    1980s
    1990s
    2000s
    Current
Milestone

90's
 
1992-94
In order to capitalize on the opportunity presented by the depressed property market in the United States, the majority shareholder of the Group decided to enter into commercial property, by focusing on the region of California and New York markets.


1997
Prior to the Asian financial turmoil in the summer, the controlling stake of the listed Sun Fook Kong Holdings Limited was sold to a red chip company, the sale proceeds being part cash and part scripts. Such timely transaction proved to be extremely profitable for the Group and all the shareholders of the listed Sun Fook Kong Holdings Limited. In the same transaction, along with his family, Mr. Lo Kai Shui then bought back the construction business.

Since 1987, through vigorous streamlining and incentivizing the operation, the business of the Group performed brilliantly and generated over HK$2 billions in earnings.


1998
As the Asian financial turmoil sent the Hong Kong Stock market tumbling, the Group acquired equity of the major blue chip companies via the Hong Kong stock market.


1999
Upon reviewing the activities in the energy sector, Mr. Lo Kai Shui made a decision to increase the existing investment in a Canadian oil and natural gas company.


2000
As the price of technology stocks in NASDAQ dropped, the Group acquired equity of some major technology companies that hold significant market share and minimal debt.
 

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